13 May 2025 Financial Markets The Baht hit a 7-month high but later weakened on the FOMC meeting outcome, while the SET closed above 1,200 points at the end of the week คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star The Thai stock market fluctuated but closed higher at the end of the week as the US announced a breakthrough deal with the UK. The SET tumbled early in the week, as dragged by sell-offs of energy stocks following the falling global oil prices, plus tourism stocks following a decrease in the number of international tourists and domestic-play stocks as Thailand’s inflation turned negative in April 2025. However, the SET rebounded midweek following the purchases of foreign investors and domestic institutional investors, supported by the news that China plans to launch an economic stimulus package, and the fact that the US and China will hold trade talks this weekend. The SET pared gains somewhat later after having responded to such positive factor, while investors assessed that US-China trade talk needs to be monitored closely due to the uncertainties. However, the SET surged again at the end of the week in line with other regional bourses, boosted by the news that the US has reached a breakthrough trade deal with the UK (but the UK will still be subject to 10% baseline tariff). On Friday, May 9, 2025, the SET closed at 1,210.94 points, up 1.00% over-week. The average daily trading value was THB45,315.49 million, up 10.58% over-week. The mai closed at 254.25 points, up 0.31% over-week. May 12-16, 2025, KSecurities expects the SET to have support at 1,195 and 1,185 points, but resistance at 1,220 and 1,230 points, respectively. KResearch advises investors to watch key factors, including 1Q-2025 performance results of Thailand’s listed companies, trade negotiations between US and its trading partners particularly China, and foreign fund flows. The US economic data that warrant close monitoring include April CPI, PPI, Industrial Production, Retail Sales, Housing Starts, plus Weekly Jobless Claims. Close attention must also be paid to GDP report for 1Q-2025 of UK, Eurozone and Japan, plus March Industrial Production of UK, Eurozone and Japan. View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. Financial Markets SET Index Related Analysis View all 26 Feb 2018 Financial Markets “The Baht weakened slightly, while the SET closed at near last week’s level.” The Baht fell slightly against the US Dollar. The Baht briefly rose early in the week as the US dollar tumbled on a weak US New Home Sales report and falling US bond yields. However, the Baht reversed those gains and weakened later on the Fed Chairman’s viewpoint toward US overall economic and inflation outlooks that reinforced expectations of further US monetary tightening. However, the Dollar’s upside gains were capped later after the Fed Chairman said that there was yet to be seen any clear picture toward wage increases in the US. In addition, concern toward US trade protectionism weighed on the US Dollar sentiment. ... Read more 0 KB 0 KB 19 Feb 2018 Financial Markets “The Baht weakened, while the SET rebounded to over 1,800 points after some sell-offs.” The Baht weakened against the US Dollar. The Baht fell to mid week amid the US Dollar short-covering ahead of the release of the latest FOMC minutes. The US dollar also gained on the US rate-hike outlook and rising US bond yields. However, the Baht pared some losses somewhat later in the week on investors’ position adjustments. ... Read more 0 KB 0 KB 12 Feb 2018 Financial Markets “The Baht bounced back to over a 4-year high, and the SET rose over 1,800 points.” ... Read more 0 KB 0 KB 5 Feb 2018 Financial Markets “The Baht weakened as the SET faced foreign investor sell-offs throughout the week.” ... Read more 0 KB 0 KB 29 Jan 2018 Financial Markets “The Baht traded in a narrow range, while the SET followed foreign factors.” ... Read more 0 KB 0 KB 22 Jan 2018 Financial Markets “The Baht hit an over 4-year high, while the SET improved late in the week.” ... Read more 0 KB 0 KB View all